BLACKROCK UK INCOME A - Manager
Bestinvest rating
Average monthly relative returns
|
Bestinvest MRI
|
|
07/08
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08/09
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09/10
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10/11
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11/12
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|
3 years
|
5 years
|
Career
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3 years
|
5 years
|
Career
|
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-0.47%
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1.33%
|
0.21%
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-0.28%
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-0.25%
|
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-0.11%
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0.11%
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0.08%
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50.0%
|
84.6%
|
96.6%
|
|
Performance figures are based on the average of monthly percentage returns relative to the benchmark index.
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Nick McLeod-Clarke
McLeod-Clarke, Managing Director and portfolio manager, is a member of BlackRock's UK Equity team. He is responsible for fund management and, as an analyst, covers the oil and gas sector. He joined BlackRock following the merger with Merrill Lynch Investment Managers (MLIM) in 2006. At MLIM, he managed UK equity portfolios for institutional pension fund clients. Prior to joining MLIM in 2001, he was co-head of UK Equities at Morley Fund Management, and head of Institutional Funds-UK Equities at Scottish Widows Investment Partnership. McLeod-Clarke earned a BA degree in economics at University College Swansea in 1986, and an MSc degree in finance from the London Business School in 1999.
Track record
Nick Mcleod-Clarke has 10.7 years experience of managing mutual funds in this sector. Over this period the average monthly return relative to the benchmark index has been +0.08%.
During the worst period of relative performance (from June 2010 - February 2012) there was a decline of 12% relative to the index. The worst absolute loss has been 36%. Statistically, we estimate the probability that this fund manager is adding value, rather than being lucky, is 97%.
Other funds managed
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Start Date |
BLACKROCK INCOME AND GROWTH IT
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Apr 2012
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Feb 2007
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| Periods of worst performance |
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Absolute
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-36%
(May 2007 - February 2009)
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|
Relative
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-12%
(June 2010 - February 2012)
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Sector record since
September 2001 (11 yrs)
About the MRI
Our unique indicator: the Bestinvest Manager Record Index (MRI) measures the likelihood that the fund manager is adding value through their decisions. It is based on their performance record over the course of their career, adjusted for the amount of risk taken. MRI is an important contributor to our fund rating system but it is also vital to take account of qualitative factors. It is also very important to select funds to form a cohesive portfolio with an appropriate overall risk level. Read more about our approach